Scales Corporation raises earnings forecast, announces board changes

Scales Corporation has increased its FY25 earnings guidance, with Underlying Net Profit after Tax Attributable to Shareholders now projected to be between $54 million and $59 million, up from the previous range of $51 million to $56 million. This positive outlook is supported by an anticipated Underlying EBITDA range of between $125.0 million and $132.0 million, and an Underlying Net Profit after Tax range of between $69.0 million and $74.0 million. Managing director Andy Borland highlighted "continuing positive performance across the Group."

In governance news, Alan Isaac retired from Scales’ board on October 14, 2025. Isaac served over eleven years, contributing significantly as a director and chair of the Audit & Risk Management Committee, and also chaired Scales’ Due Diligence Committee during its listing process.

Concurrently, Scales Corporation announced the appointment of Paul Munro as an independent non-executive director and chair of the Audit & Risk Management Committee, effective October 14, 2025. Munro brings extensive experience, including 24 years with Deloitte as a corporate finance partner and a CEO role at Christchurch City Holdings Limited, alongside current independent directorships.